A successful ERP implementation requires organizational change
Indicate whether the statement is true or false
TRUE
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If after aging the accounts receivables, it is estimated that $900 will not be collected and the allowance account has an existing debit balance of $200, the adjusting entry would be for the amount of $700
a. True b. False Indicate whether the statement is true or false
Excom sells radios and each unit carries a two-year replacement warranty. 5% of the radios sold typically need to be replaced costing Excom $30 per radio. During September, Excom sold 100 radios for $50 each. For what amount in September would Excomdebit Product Warranty Expense?
a. $50 b. $150 c. $30 d. $120
Under the Americans with Disabilities Act, which employer is most likely to face legal challenges?
A. an employer who has risk-based insurance and then hires an employee with a disability B. an employer who discriminates against workers over age 40 in providing pay or benefits C. an employer who switches to a risk-based policy after hiring a disabled employee D. an employer who does not have risk-based insurance E. an employer who sets guidelines for using waivers
Appliance Corporation sells Best-brand vacuum cleaners to Cash Discount Stores and other retailers. Appliance will have an insurable interest in the vacuums as long as
A. Appliance remains in business. B. Appliance retains title to the goods. C. the goods are in existence. D. there is no risk of loss.